Today's gold price in India on May 20, 2024. (Representative image)
Gold Rate Today: Check gold price in various cities in Rs/10 grams on May 20, 2024.
Gold rates in India today: On May 20, the price of 10 grams of gold remained firm at around Rs 74,000. The price of pure 24-carat gold is Rs 74,610 per 10 grams, while the price of 22-carat gold is approximately Rs 68,390. On the other hand, the silver market was slightly lower at Rs 92,900 per kilogram.
Current Gold Price in India: Retail Gold Price for May 20
Check gold prices in various cities today on May 20, 2024. (unit of Rs/10 grams)
city | 22 carat gold price | 24 carat gold price |
Delhi | 68,540 | 74,760 |
mumbai | 68,390 | 74,610 |
Ahmedabad | 68,440 | 74,660 |
chennai | 68,490 | 74,720 |
Kolkata | 68,390 | 74,610 |
Gurugram | 68,540 | 74,760 |
Lucknow | 68,540 | 74,760 |
bengaluru | 68,390 | 74,610 |
Jaipur | 68,540 | 74,760 |
Patna | 68,440 | 74,660 |
Bhubaneswar | 68,390 | 74,610 |
Hyderabad | 68,390 | 74,610 |
multi-product exchange
On May 20, 2024, the Multi Commodity Exchange (MCX) saw a slight decrease in trading of gold futures contracts expiring on June 5, 2024, leading to a decline. The price of this contract is Rs 73,750 per 10 grams. The silver futures contract expiring on July 5, 2024 was quoted at Rs 91,149 on MCX.
retail cost of gold
Retail gold prices in India, which represent the final cost per unit weight to the consumer, are influenced by many factors beyond the metal's intrinsic value.
Gold in India has great cultural significance, serves as a valuable investment and plays an important role in traditional weddings and festivals.
Amid constant market fluctuations, investors and traders closely watch these dynamics. Stay tuned for further updates on this developing story.